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please show the formula, the numbers, and all calculations before providing the final answer. Mr. Dave Jones manages the warehouse inventory for Athleticks, a distributor
please show the formula, the numbers, and all calculations before providing the final answer.
Mr. Dave Jones manages the warehouse inventory for Athleticks, a distributor of sports watches. From his experience, Mr. Jones knows that the PR-5 jogging watch has an average daily demand of 200 units and a performance cycle of 10 days. Mr. Jones requires no buffer stock at this time.
a.) Assume Mr. Jones perpetually reviews inventory levels. Find the reorder point for the PR-5 jogging watch.
b.) Find the average inventory level of the PR-5 watch.
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